SEC extends e-dividend free registration to February 28

SEC extends e-dividend free registration to February 28

As part of its developmental role, the Securities and Exchange Commission (SEC) has announced an extension of the period for the FREE e-Dividend registration exercise till February 28, 2018, to encourage more shareholdersmandate their Bank Accounts   According to the SEC, in reviewing the progress of...
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SEC Photo News

SEC Photo News

LEFT TO RIGHT: Coordinating Director Legal and Enforcement Securities and Exchange Commission, Mr. Reginald Karawusa, Coordinating Director Corporate Services SEC, Isiaku Tilde, Technical Adviser International Monetary Fund (IMF) Mr. Mathew Sullivan, Acting Di...
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SEC partners IST to curb capital market Infractions

SEC partners IST to curb capital market Infractions

The Securities and Exchange Commission (SEC) has expressed readiness to partner with relevant bodies in its quest to ensure zero tolerance on infractions in Nigeria’s capital market.   Acting Director General of SEC, Dr. Abdul Zubair stated this when the...
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Zubair, Acting SEC DG insist on Oando’s forensic audit

Zubair, Acting SEC DG insist on Oando’s forensic audit

The Acting Director-General, Securities and Exchange Commission (SEC), Dr. Abdul Zubair, has reiterated SEC’s resolve to conduct a Forensic Audit on the activities of Oando Plc.   In a letter dated December 5, 2017 and addressed to the CEO of Oando Plc,.....
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FG appoints Abdul Zubair acting DG of SEC

FG appoints Abdul Zubair acting DG of SEC

The Federal Government has appointed Dr. Abdul Zubair, the acting Director General of the Securities and Exchange Commission (SEC) with immediate effect.     He was before the appointment, the Director in charge of External Relations in the Commission.  ...
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FG suspends SEC DG, two others

FG suspends SEC DG, two others

The Director-General of the Securities and Exchange Commission (SEC), Mr. Mounir Gwarzo and two others have been suspended from office by the Minister of Finance, Mrs. Kemi Adeosun as the Federal Government launches investigation into several allegations of...
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SEC arraigns Man over identity theft,  sales of 53, 592 units of Nigerian Breweries shares

SEC arraigns Man over identity theft, sales of 53, 592 units of Nigerian Breweries shares

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SEC inaugurates capital market development fund

SEC inaugurates capital market development fund

The Securities and Exchange Commission (SEC) on Monday inaugurated the Nigerian Capital Market Development Fund (NCMDF) in Abuja.   Speaking at the event, the Director General of SEC, Mr Mounir Gwarzo,  who is also the Chairman of NCMDF board, explained ...
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Oando: Shareholders seek accelerated forensic audit

Oando: Shareholders seek accelerated forensic audit

The proposed forensic audit of Oando Plc should commence without any further delay, shareholders of the company declared on Sunday in Lagos.  According to the shareholders, the investigation should be detailed and “without any fear or favour”.  Under t...
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SEC votes N160m for Oando’s Forensic Audit, highlights alleged insider dealing

SEC votes N160m for Oando’s Forensic Audit, highlights alleged insider dealing

By citybusinessnews@yahoo.com –           The Securities and Exchange Commission (SEC) has set in motion machinery for the forensic audit of Oando Plc.   To ensure the independence and transparency of the exercise, the Forensic Audit according ...
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Sec probes  Oando,  shares on technical suspension

Sec probes Oando, shares on technical suspension

The crisis rocking Oando plc on Wednesday assumed a new dimension as the Secirities and Exchange Commission (SEC) directed the Nigerian Stock Exchange (NSE) to place the shares on technical suspension effective from October 20, 2017.   Under the arrangement,....
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